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Iran and Oman are nearing a final agreement that would define new shipping lanes through the Strait of Hormuz, potentially paving the way for the waterway's reopening after months of closure. But Tehran has made clear that U.S. concessions are still required before the strait can be fully reopened.
Key Details of the Proposed Deal
According to reports citing regional sources and U.S. officials, the interim deal would involve a period of at least 60 days during which Iran and Oman would jointly administer the strait. Under the arrangement, inbound ships would use a northern lane near Iran, while outbound ships would travel in a southern lane closer to Oman. The plan also includes demining the median lane within 30 days, according to one report.
The deal has been under negotiation for several weeks and is seen as a step toward resuming ceasefire talks between Washington and Tehran, which could eventually restart negotiations on a nuclear deal, according to Axios, as cited by the Jerusalem Post.
Iranian Foreign Minister Abbas Aragchi said on August 9, 2026, that the agreement with Oman was in its "final stages," but reiterated that Tehran would not reopen the channel unless the U.S. met certain demands.
Iran's Conditions and Stance
Aragchi stated that Iran and the U.S. are not engaged in direct talks and that Tehran will not begin them as long as Washington breaches the interim deal signed in June. He added that messages were being exchanged through intermediaries.
The Hindu reported that Iran demands compensation and an end to sanctions and military threats before reopening the strait. The Iranian parliament's National Security Committee has approved the "general outlines" of a plan to manage the strait, and the Supreme National Security Council demands that the U.S. "correct its behavior" and lift sanctions.
U.S. Position and Warning
U.S. President Donald Trump warned Iran against backing out of the deal, saying, "The Strait is going to be open very soon — or they're gonna hit very hard, and then the Strait is going to be open." He added, "If they back out again, they're going to get hit really hard. They know that; they understand that. I have no choice."
A U.S. official told Reuters on August 7, 2026, that Iran and Oman were close to a deal that could restore safe passage through the strait, a critical conduit for global oil and gas shipments.
The U.S. is aiming for the agreement to be announced imminently, with Washington hoping for a breakthrough, according to reports.